Permsin Steel Works PCL (BKK:PERM) Days Payable : 20.17 (As of Mar. 2024)

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What is Permsin Steel Works PCL Days Payable?

Permsin Steel Works PCL's average Accounts Payable for the three months ended in Mar. 2024 was ฿229 Mil. Permsin Steel Works PCL's Cost of Goods Sold for the three months ended in Mar. 2024 was ฿1,036 Mil. Hence, Permsin Steel Works PCL's Days Payable for the three months ended in Mar. 2024 was 20.17.

The historical rank and industry rank for Permsin Steel Works PCL's Days Payable or its related term are showing as below:

BKK:PERM' s Days Payable Range Over the Past 10 Years
Min: 15.04 Med: 22.03 Max: 48.74
Current: 24.16

During the past 13 years, Permsin Steel Works PCL's highest Days Payable was 48.74. The lowest was 15.04. And the median was 22.03.

BKK:PERM's Days Payable is ranked worse than
74.1% of 583 companies
in the Steel industry
Industry Median: 41.52 vs BKK:PERM: 24.16

Permsin Steel Works PCL's Days Payable declined from Mar. 2023 (24.58) to Mar. 2024 (20.17). It may suggest that Permsin Steel Works PCL accelerated paying its suppliers.

Permsin Steel Works PCL Days Payable Historical Data

The historical data trend for Permsin Steel Works PCL's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Permsin Steel Works PCL Days Payable Chart

Permsin Steel Works PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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22.16

21.90

20.06

16.05

20.76

Permsin Steel Works PCL Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															24.58	30.41	20.21	21.20	20.17

Competitive Comparison of Permsin Steel Works PCL's Days Payable

For the Steel subindustry, Permsin Steel Works PCL's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Permsin Steel Works PCL's Days Payable Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Permsin Steel Works PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where Permsin Steel Works PCL's Days Payable falls into.

Permsin Steel Works PCL Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Permsin Steel Works PCL's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (205	+	196)	/	2 )	/	3525.208	*	365
=	200.5					/	3525.208	*	365
=	20.76

Permsin Steel Works PCL's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (196	+	262)	/	2 )	/	1036.18	*	365 / 4
=	229					/	1036.18	*	365 / 4
=	20.17

Permsin Steel Works PCL Days Payable Related Terms

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Permsin Steel Works PCL (BKK:PERM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Permsin Steel Works PCL (BKK:PERM) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

4, 95-96 Moo 6, Rama 2 Road, Koak-Kam Sub-district, Muang Samutsakorn, Samutsakorn, THA, 74000

Website

https://www.permsin.com

Permsin Steel Works PCL is engaged as manufacturer and distributor of steel Products. It operates in three segments namely Distribution of rolled steel segment, Manufacturing and distribution of metal sheet segment and Manufacturing and distribution of steel pipes segment. The company's product includes Cold rolled steel, Hot rolled steel, High- strength steel, Galvanized steel, Alloy Steel, Color Coated steel, Metal sheet, Pu foam. Majority of revenue is generated from Manufacturing and distribution of metal sheet segment.

Permsin Steel Works PCL (BKK:PERM) Headlines

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